Hi everyone,
Chart is looking a bit grim for HFA, expected really. As N Taylor says hedge funds make money during rising and falling markets. Today a bit more of a crash.
HFA will suffer if the general market crashes, I have always said about $1 is realistic if market sentiment is good.
If the market bounces so will the sp. My personal thoughts are if the market is going to retest its lows, then there is a chance HFA will resume its downtrend from its recent highs and test 16cents.
I am hoping however that support can be found at current levels. I have tried during this period of consolidation to trade HFA on 5 occasions each time exiting at the same price I bought in.
I am being very cautious atm!!! but also excited.
Watching by the sidelines now!!! waiting for a bounce, 6th time lucky in the next week or so?
anyone attending the agm?, page-7
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Last
$1.69 |
Change
-0.020(1.17%) |
Mkt cap ! $829.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.69 | $298.8K | 176.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 27768 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 7044 | 14 |
View Market Depth
| Last trade - 12.41pm 08/08/2024 (20 minute delay) ? |
| NGI (ASX) Chart |